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ohaa [14]
2 years ago
13

Lcpl azimi's base pay is $1800 per month. he also receives partial bah of $10. 00 and bas of $290. his total withholdings are $3

00. he pays $250 per month for his car payment, $20 per month for a navy marine corps relief quick assist loan and the minimum payment on his credit card is $30 per month. what is azimi's debt to income ratio?
Business
1 answer:
wariber [46]2 years ago
3 0

The debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.

<h3>What is a debt to income ratio?</h3>

Its means the percentage of one' sgross monthly income that goes to paying your monthly debt payments.

<u>Given data</u>

Gross income = $1,800

Total Debt = $300 (250+20+30)

<h3>What is the debt to income ratio?</h3>

= $300 / $1,800

= 0.16667

= 16.67%

Therefore, the debt to income ratio of azimi equals 16.67% because his gross income is $1,800 and total debt is $300.

Read more about debt to income ratio

<em>brainly.com/question/24814852</em>

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Answer:

$10,000

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EBIT = Revenue - cost of goods sold - other expenses - depreciation

$94,000 - $51,000 - $21,000 - $12,000 = $10,000

4 0
3 years ago
Sutton Corporation, which has a zero tax rate due to tax loss carry-forwards, is considering a five-year, $6,000,000 bank loan t
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Answer:

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Explanation:

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PresentValue=\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }

Now, we solve for A

6,000,000=\frac{A((1+0.10)^{5}-1) }{0.10(1+0.10)^{5} }

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A=1,582,785.88

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4 0
4 years ago
The December 31, 2020 inventory of Carla Vista Company consisted of four products, for which certain information is provided bel
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Answer:

Product Lower of cost or market value

A                 $28

B                 $42

C                 $119

D                  $18

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Particulars  a                    b                            c               d        e                   f = d - c

Product        Cost Replacement cost Estimated disposal cost Estimated selling price Normal profit in sales Ceiling

A             $30                $28                          $8              $44     25% $36

B             $44                 $42                          $10               $54      20% $44

C             $124                 $119                           $29         $210      30% $181

D               $18                 $15.4                     $6          $30       20% $24

Product          g = f - d × e h = middle value of b , f ,g   i           j = lower of I and h

Product  Floor Designated market value Cost Lower of cost or market value

A            $25            $28                            $30  $28

B           $33.2            $42                             $44   $42

C            $118             $119                              $124   $119

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6 0
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Answer:

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6 0
3 years ago
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Answer:

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=6.87%

7 0
3 years ago
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